M. Stanley slashes metals outlook on ‘dormant’ China
Investment bank cuts 2015 nickel price forecast by 19%, while copper price estimate is slashed as market moves into oversupply.
Frik Els , Editor
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
Iron ore price claims another victim
Sweden's Dannemora stop production over liquidity problems.
April Simandou auction amid new low in iron ore price
Iron ore fell to a new 7-year low on Tuesday, but Guinea is pressing ahead with the auction of north Simandou, the richest undeveloped deposit in the world.
Investors believe end nigh for cult stock Molycorp
Once a $70 share, Molycorp investors on Tuesday were dumping holdings at 49c after cash burn rate showed maybe two quarters left without injection.
BHP’s South32 spinoff to cost $738m
Board proposes to give shareholders one share in the $12bn spin-off company for every BHP share owned, but the whole process comes with hefty fees.
Molycorp tanking after wider loss
Better production numbers at its California mine couldn't stop the red ink at rare earth miner.
After Finland buy, fund seeks met coal, base metal mines
Former Anglo-exec running hedge fund's mining business wants to follow up Talvivaara nickel acquisition with zinc, nickel, copper and coking coal deals.
PICS: Underground mine turned into modern office space
Companies begin to take up 5 million square feet of warehouse and office space available in converted limestone room-and-pillar mine near Kansas City called SubTropolis.
Hedge funds cut bullish gold price bets 60% since January
"Managed money" speculators in gold futures slashed positions that prices will go up for six week in a row ahead of Wednesday's crucial Fed announcement.
Semafo bounces on full-year results
Fresh from $137m Burkina Faso acquisition, Montreal-based gold miner adds to investor cheer with strong operational performance in West Africa.
